Capital Group Growth ETF $CGGR Stock Sold by McCollum Christoferson Group LLC

McCollum Christoferson Group LLC reduced its position in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 14.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 253,752 shares of the company’s stock after selling 41,657 shares during the period. Capital Group Growth ETF makes up about 1.7% of McCollum Christoferson Group LLC’s investment portfolio, making the stock its 15th largest position. McCollum Christoferson Group LLC’s holdings in Capital Group Growth ETF were worth $11,250,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Advance Capital Management Inc. lifted its holdings in Capital Group Growth ETF by 239.5% in the 1st quarter. Advance Capital Management Inc. now owns 2,860,148 shares of the company’s stock valued at $114,949,000 after acquiring an additional 2,017,650 shares during the last quarter. Royal Bank of Canada raised its holdings in shares of Capital Group Growth ETF by 30.1% in the 1st quarter. Royal Bank of Canada now owns 8,428,060 shares of the company’s stock worth $338,724,000 after purchasing an additional 1,952,001 shares in the last quarter. WNY Asset Management LLC acquired a new stake in Capital Group Growth ETF during the first quarter valued at approximately $72,542,000. Cetera Investment Advisers lifted its stake in Capital Group Growth ETF by 19.4% during the first quarter. Cetera Investment Advisers now owns 9,800,927 shares of the company’s stock valued at $393,899,000 after purchasing an additional 1,593,112 shares during the last quarter. Finally, Bank of America Corp DE lifted its stake in Capital Group Growth ETF by 10.3% during the first quarter. Bank of America Corp DE now owns 14,193,836 shares of the company’s stock valued at $570,450,000 after purchasing an additional 1,320,686 shares during the last quarter.

Capital Group Growth ETF Stock Down 0.3%

NYSEARCA:CGGR traded down $0.14 during trading hours on Tuesday, reaching $48.05. 767,239 shares of the company’s stock were exchanged, compared to its average volume of 3,059,527. The company has a market capitalization of $26.36 billion, a P/E ratio of 30.88 and a beta of 1.18. Capital Group Growth ETF has a 12 month low of $38.55 and a 12 month high of $48.69. The business’s 50-day simple moving average is $47.20 and its two-hundred day simple moving average is $45.81.

About Capital Group Growth ETF

The Capital Group Growth ETF (CGGR) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that invests predominantly in US companies of any market capitalization. The fund seeks to provide capital growth. CGGR was launched on Feb 22, 2022 and is managed by Capital Group.